DGKC DG Khan Cement Intraday Analysis 12th Aug. 2020

Further Advance

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DGKC Chart Illustration by CapitalMarkets

Further Advance

Our Pivot: 104

Our Preference: Start buying DGKC above 105.50 with strict stop loss of 104 and profit target at 108 with extension towards 109.30.

Alternate Scenario: Downward penetration of 104 will call for 101.

NOTE: DGKC is being supported by a rising trend line along with a strong horizontal supportive region.

Hourly chart with supports and Resistances:

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